CBE encourages banks to invest in equity for SMEs through some incentives
The Central Bank of Egypt (CBE) agreed to allow banks to count their own equity investments in SME-focused funds as…
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Egyptian market needs EGP1.5 tn funds to raise development rates:Amer
The banking sector needs to pump funds of 1.5 trillion into the Egyptian market to support the economy and increase…
Egypt digital industry seen doubling to 8% of GDP
Digital economy industry in Egypt accounts for around 4 percent of its GDP, yet it is expected that the digital…
Ernst & Young to submit studies for Egypt’s innovation fund before year-end
Egypt’s central bank says it will receive studies before the end of the month from Ernst & Young with the goal…
Egypt’s central bank studies issuing digital currency – official
Egypt’s central bank is studying issuing a digital currency, its sub governor Ayman Hussein said at conference in…
Digital economy plays important role in creating investments: Aboul Gheit
Arab League Secretary-General Ahmed Aboul Gheit said that the digital economy is playing an important role in…
Four Egyptian banks seek digital banking licence – sub governor
Four Egyptian banks are applying for digital banking licence, said central bank sub governor Ayman Hussein said on…
Egypt’s digital economy sector growing to 4% of GDP – minister
Digital economy industry in Egypt accounts for around 4 percent of its GDP, former Communications Minister Atef…
Egypt to launch $55.7 mln innovation fund by 2019 – c.bank governor
Egypt’s central bank plans to launch a 1 billion Egyptian pound ($55.7 million) innovation support fund by 2019,…
Common Arab digital economy strategy launched in Abu Dhabi
The First Arab Digital Economy Conference has launched a common Arab digital economy strategy under the theme of "A…
Digital economy has vast economic opportunities for Arab countries – adviser
Arab countries have vast opportunity for cooperation in the fields of digital economy and transformation, said Ali…
First Arab Digital economy conference kicks off in Abu Dhabi
The United Arab Emirates (UAE) launched on Sunday the Arab Digital Economy Conference in Abu Dhabi, under the…